New Dawn embarks on gold exploration programme

The programme is expected to take six months with the analysis of the results expected to end in December.

In a statement, New Dawn said the test would see the drilling of holes to depths up to 200 metres.

“The programme aims to test the down-dip extent of the known mineralised zones within the claims area, with 58 inclined holes to depths of between 100 to 200 metres, and with a drill pattern on a 200-metre grid. Hole positions, orientations and depths may be modified during the programme depending on drilling results as they are generated. To provide efficient drill rig positioning, initial drilling will be sited around the areas of previous underground operations, with the objective of testing the down-dip extent of mineralisation below the current 2-level, approxi-mately 90 metres below the surface,” said the statement.

It said based on the results of the drilling programme, New Dawn might consider additional exploratory work to further define and develop this opportunity.

New Dawn is a Zimbabwe-focused junior gold company that is currently focused on expanding its gold mining operations in Zimbabwe.

It owns 100 percent of the Turk and Angelus mines in Bubi, the Old Nic Mine in Bulawayo and Camperdown Mine.

In addition, it has an 85 percent stake in Dalny, Golden Quarry and Venice mines. Five of its six mines are operational with a total milling capacity of 2 000 tonnes per day.

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